Strategy: Bitcoin Would Have to Fall 83% for STRC to Hit 1x BTC Rating

Why Strategy Published the Bitcoin Floor Chart
Strategy Inc. (Nasdaq: MSTR) used the Sept. 1 chart to address a central risk created by its capital structure: how far bitcoin could decline before the reserve’s modeled value matched the obligations counted for each security. The company stated:

$BTC would have to fall 83% from current levels before $STRC reaches a 1x $BTC Rating.”